BlackRock Partners with Ondo to Launch Tokenized Investment Strategy Portfolios

Odaily News: BlackRock has partnered with Ondo Finance to launch Intelligent Portfolios, packaging professionally constructed, complete investment strategies into single onchain tokens. BlackRock designed three portfolios for Ondo, respectively focusing on high yield, diversified growth, and high growth. Investors can gain exposure to an entire investment portfolio by holding a single token, without needing to separately purchase and rebalance the underlying assets.

Unlike the tokenization of a single stock, bond, or fund, this model further brings an entire investment portfolio and asset allocation strategy onchain. The related tokens can in the future be transferred between wallets and platforms, and may be used for collateralized lending or integrated into other onchain financial products. Pantera summarized this trend as an evolution from "single securities" to "onchain portfolios."

Lisa O'Connor, BlackRock's Global Head of Model Portfolio Solutions, said tokenization is creating new ways to deliver portfolio strategies through digital infrastructure. According to Broadridge data, as of June this year, traditional model portfolio management assets under management totaled approximately $9.8 trillion. (CoinDesk)